Noticed 2 Paramount Airways aircraft (yes, the ones that have been grounded for failure to pay dues or some such thing) at MAA this morning. The aircraft registration codes (usually, VT-PAA, VT-PAB, etc) have been overwritten by a code that reads M-xxxx (xxxx were some stuff I can't remember). Distinctly remember the "M" code, though.
Looked up
http://www.travel-images.com/aircraft-registration.html, and funnily, "M" doesn't exist as a code. Any idea what the M stands for?